I had bought it a month earlier as a trade shown by Dan Fitzpatrick.  Good point lachasse - same store sales is what hit it, not earnings.  Position was not big.

MCD had disappointing earnings.  I got stopped out (was in from 99.35).

Thanks Steve.  I shorted early this morning at 136.87, thinking futures were pretty extended.  Then I started to get a little nervous....  Looks okay for now.  Stop is at 137.50.

Matt, futures are just over the equivalent of 1364 (I'm tracking pre-market SPY).  So does it look like the correction is over?

Noticing there is pos divergence between the Oct low and the Dec low, so if we do make another low, I suppose it could be a good long?

Matt, do you watch the 60 stochastics or the 14/3 stochastics?

Steve are you thinking the drop and lower bounce could be waves 1 and 2, and we are now possibly in 3?

saturn6, your ECA trade is breaking out.  I have a little from 20.

FNGN looks good over 23.90.

Thx.  Probably will close today whether it pops or not.

stop moved up to a few cents below yesterdays low.

Matt or Steve, what do you think of the (lack of) action on MPEL?  The volume has dried up and it's just sitting right on the breakout level.  I'm still holding.

Thanks for the charts, Matt - I think I will wait for an ABC in gold and then buy in.

Where do you see the breakout on this one, over 2.54? As always, thanks for the idea.  ABD was a good trade, thanks for that.

FAZ shows a completed morning star pattern on the 15 min chart.  Stop I guess would be below the low.

Thanks for the post, skip my pm to you on AEM.

shorted at 135.20

went ahead and closed. May re-enter on a weak bounce.

Stop moved to entry.

Steve and Matt, from our discussion last night, I took a short (small) at 135.40 when the 60 min RSI 5 turned down (70).  Also, the 5 min 60 stochastic turned below 80, which was also a signal I was watching.  Stop at 135.55 (too tight?).

thanks for the tutorial yesterday.